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WELLS FARGO FINANCIAL, INC.       COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES       Exhibit (12)

|                                                              |                                                 | Nine Months
Ended
September 30,
2000 |         |         |   |         |         |   |         |         |   |        
|------------------------------------------------------------- | ----------------------------------------------- | ------------------------------------ | ------- | ------- | - | ------- | ------- | - | ------- | ------- | - | -------
|
|
|
|Net income                                                    |                                                 | $                                    | 173,502 |         | $ | 265,361 |         | $ | 238,604 |         | $ | 269,450
|                                                              |                                                 |                                      |         |         |   |         |         |   |         |         |   |        
|Add:                                                          |                                                 |                                      |         |         |   |         |         |   |         |         |   |        
|                                                              | Fixed charges:                                  |                                      |         |         |   |         |         |   |         |         |   |        
|                                                              | Interest including amortization of debt expense |                                      |         | 466,067 |   |         | 520,063 |   |         | 485,784 |   |        
|                                                              | One-third of rentals*                           |                                      |         | 9,364   |   |         | 13,974  |   |         | 13,406  |   |        
|                                                              |                                                 |                                      |         |         |   |         |         |   |         |         |   |        
|                                                              | Total fixed charges                             |                                      |         | 475,431 |   |         | 534,037 |   |         | 499,190 |   |        
|                                                              |                                                 |                                      |         |         |   |         |         |   |         |         |   |        
|                                                              | Provision for income taxes                      |                                      |         | 101,159 |   |         | 149,190 |   |         | 121,668 |   |        
|                                                              |                                                 |                                      |         |         |   |         |         |   |         |         |   |        
|Total net earnings, fixed charges and income taxes"Earnings" |                                                 | $                                    | 750,092 |         | $ | 948,588 |         | $ | 859,462 |         | $ | 827,375
|                                                              |                                                 |                                      |         |         |   |         |         |   |         |         |   |        
|Ratio of earnings to fixed charges                            |                                                 |                                      | 1.58    |         |   | 1.78    |         |   | 1.72    |         |   | 2.00   
|                                                              |                                                 |                                      |         |         |   |         |         |   |         |         |   |        

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